Mastercard and WeLab Bank Limited announced a partnership to launch a numberless bank card that’s a part of a easy, intuitive and totally digital banking service that particularly caters to the tech-savvy wants and existence of individuals throughout Hong Kong.
While WeLab Bank’s services are designed to be 100% accessed from smart mobile phones, a physical card may have wider acceptance and provide added convenience to consumers’ daily lives, such as when making payments at certain merchants or withdrawing cash.
The WeLab Debit Card is offered to be used immediately after opening a bank account with the lender in the form of a virtual card from the WeLab Bank app, followed by the delivery of a physical card.
Adrian Tse, Chief Govt of WeLab Bank,commented,“We want to empower the Hong Kong people by bringing them a more digital, secure and seamless banking experience, and it all starts with the card. We understand that people don’t want a traditional bank card, but a card that can bring excitement and fit with their daily lives. While Mastercard is a global leader in digital payments and WeLab Bank is a fintech pioneer entrenched in Hong Kong, we trust that our partnership combines the best of both worlds, allowing us to continue designing innovative tools for the future. We hope our customers enjoy using their gorgeous cards just as much as we have enjoyed building it.”
